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Oct 11, 2013
10/13
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if they do not raise the debt ceiling in washington d.c. and we have a balance was a minute however, if we raise the debt ceiling in extending credit card limit that is the correct thing to do and fiscally irresponsible. i have no idea what is going on. dennis: what is the right approach? split that they before us. >> the right approach is to keep the amount of the deficit growth under the increase in nominal gdp. we will somehow someday be able to bail out the debt. dennis: rewind that. the way to do it is? >> if that percentage issgrowing and less quick rate than the increase in nominal gdp, that debt as a percentage of gdp would be falling. the best thing we can possibly the biggest the already have 17 trillion in debt and consistently pass the entitlement program. now we have a premium support for 20 million individuals who cannot afford health insurance. i wonder where the money will come for these people. over two and half trillion. when we going tooplacate our creditors and let them know that the united tates government will never de
if they do not raise the debt ceiling in washington d.c. and we have a balance was a minute however, if we raise the debt ceiling in extending credit card limit that is the correct thing to do and fiscally irresponsible. i have no idea what is going on. dennis: what is the right approach? split that they before us. >> the right approach is to keep the amount of the deficit growth under the increase in nominal gdp. we will somehow someday be able to bail out the debt. dennis: rewind that....
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Jan 15, 2013
01/13
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FBC
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ratings firms is warning a delay in raising the federal debt ceiling could cause the u.s. to lose its aaa credit rating. the debate creates a, quote, potentially dangerous mechanism for end forcing fiscal discipline. with the detroit auto show underway, ford's ceo says there's a big demand out there for new cars and trucks. >> the average age of vehicle is over 11 years old as you know, there's a lot of room to replace those older vehicle, and, today, with the improvement of fuel first first time -- efficiency and reliability, we can obsolete an older vehicle with the newer vehicles. tracy: catch liz claman on "countdown to the closing bell" with more on that interview with allen. that's the latest from the fox business network giving you the power to prosper. dennis: vw looks to give u.s. automakers a run for their money. jeff flock is live at the detroit auto show, jeff? >> dennis, they are quaking in their boots at ford. we heard from liz's interview with allen whoftion here yesterday looking at this cross blue, the entry into the segment. ford explorer, a huge vehicle,
ratings firms is warning a delay in raising the federal debt ceiling could cause the u.s. to lose its aaa credit rating. the debate creates a, quote, potentially dangerous mechanism for end forcing fiscal discipline. with the detroit auto show underway, ford's ceo says there's a big demand out there for new cars and trucks. >> the average age of vehicle is over 11 years old as you know, there's a lot of room to replace those older vehicle, and, today, with the improvement of fuel first...
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Jan 14, 2013
01/13
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CNBC
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and he said the fiscal cliff deal represented progress but urged congress to raise the debt ceiling, saying it gives the government the ability to pay its existing bills. he said, we think we're getting some effect in lowering interest rates but saying it was still early yet. saying we have found it can be an effective tool but we'll continue to assess how effective and saying that could change over time. this comes in context of a debate on the federal reserve over the effectiveness of the additional quantitative easing and some concern about the negative impact. the felt, d, he said, has the ability to undo the policies before inflation becomes a problem. and then he was asked about the federal reserve enabling congress to spend a lot of money because it buys the government's debt, but he said it's not up to the fed to play games and tell congress what it should and should not be doing on its spending. and he added that the federal reserve has to follow its dual mandate. he was asked about question about his personal and he said, i try to get a lot of sleep and then, melissa, talki
and he said the fiscal cliff deal represented progress but urged congress to raise the debt ceiling, saying it gives the government the ability to pay its existing bills. he said, we think we're getting some effect in lowering interest rates but saying it was still early yet. saying we have found it can be an effective tool but we'll continue to assess how effective and saying that could change over time. this comes in context of a debate on the federal reserve over the effectiveness of the...
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Oct 17, 2013
10/13
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ALJAZAM
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and raising the debt ceiling again in the middle of february. so we will be right back to have this discussion in just a few months. so, again, no real budget being passed in washington. the dysfunction continues, the vote in the house was 285-143. so you still have a majority of the republicans in the house voting against any kind of ideal. in the senate it was moreover women, almost everyone votes, almost all of the -- the majority of the republicans in the senate did vote for this bill. so the senate continues to be more moderate than the house on the republican side. but there is still some very serious divisions within the republican party and, again, no ability to cut a longer term deal that really deals with the deficit, with the debt with the real issues that face this country think president obama talked about this deal and he said that the american people had lost trust in washington. and there is little doubt about that. the wall street journal article that talked about the winners and losers in this whole debt and government shutdown
and raising the debt ceiling again in the middle of february. so we will be right back to have this discussion in just a few months. so, again, no real budget being passed in washington. the dysfunction continues, the vote in the house was 285-143. so you still have a majority of the republicans in the house voting against any kind of ideal. in the senate it was moreover women, almost everyone votes, almost all of the -- the majority of the republicans in the senate did vote for this bill. so...
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Feb 23, 2013
02/13
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FOXNEWSW
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the debt ceiling. >> july, 2011 with budget and debt ceiling negotiations stalled, leaders from both parties tried to force a compromise and now bob woodward spoke, the price of politics details a white house idea to guarantee that their plan would lead to results down the road. at 2:30 p.m., jack lew and rob nabors went to meet with the chief. and we had an idea for a trigger, lew said. what's the idea, reid said skeptically. sequestration, it was a bomb no one wanted to drop and an action forcing event. >> we're going to be able to come to some agreement with the white house and end this impasse. >> we're been willing to say that there could be a sequestration as long as it included some revenue. >> and the automatic cuts would slash defense and domestic spending, both sides claim victory. >> 98% of what i wanted. i'm pretty happy. >> and leaders of both parties in both chambers have reached an agreement. it establishes a bipartisan committee of congress to report back by november. tough cuts that both parties would find objectionable would automatically go into effect if we don't
the debt ceiling. >> july, 2011 with budget and debt ceiling negotiations stalled, leaders from both parties tried to force a compromise and now bob woodward spoke, the price of politics details a white house idea to guarantee that their plan would lead to results down the road. at 2:30 p.m., jack lew and rob nabors went to meet with the chief. and we had an idea for a trigger, lew said. what's the idea, reid said skeptically. sequestration, it was a bomb no one wanted to drop and an...
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Jan 24, 2013
01/13
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CURRENT
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starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to the g.o.p. >> i think the latter and i think the more constitutionalists among them assuming that they are there that the amendment mattered more to them. but emotionally they probably wanted to make boehner pass this bill with his republicans. you know, in a way don't blame them for that. it's a harmless game. there are harmful games and harmless games. that was a relatively harmless one. obama also supported the passage of this, john, i think that if it had been in danger i think enough democrats would have switched over and voted yes. i think they were just trying to make a point. >> john: that makes me feel better. but let me ask you something the number one criticism from my republican friends has been so budget has been passed. why can't you democrats pass a budget how shameful. how should democrats respond to this? >> well, it is true that they haven't passed a budget. you can say that mat
starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to the g.o.p. >> i think the latter and i think the more constitutionalists among them assuming that they are there that the amendment mattered more to them. but emotionally they probably wanted to make boehner pass this bill with his republicans. you know, in a way don't blame them for that. it's a harmless game....
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Jan 6, 2013
01/13
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CNNW
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the debt ceiling. >> i believe we need to raise the debt ceiling, but if we don't raise it without a plan to get out of debt, all of us should be fired. every american owes $52,000 in terms of their share of the national debt. we've raised the debt ceiling last august. we went through $2.1 trillion in 17 months. the size of the debt in 2013, by 2037 will be twice the size of the economy. i want to raise the debt ceiling, but i will not do it without a plan to get out of debt. senator durbin has done some hard work with the republicans on entitlement reform. if you raise the debt ceiling by a dollar, you should cut spending by a dollar. that's the way to go forward. we need a budget. our democratic friends haven't passed a budget in three years contrary to the law of the land and why raise money and spend it if you don't have a budget. a dollar for dollar offset and a budget i think are two conditions to raising the debt ceiling. >> you would not raise it unless you've got cuts certain in spending. you will not raise the debt ceiling. >> i'm not going to borrow trillions more dollars
the debt ceiling. >> i believe we need to raise the debt ceiling, but if we don't raise it without a plan to get out of debt, all of us should be fired. every american owes $52,000 in terms of their share of the national debt. we've raised the debt ceiling last august. we went through $2.1 trillion in 17 months. the size of the debt in 2013, by 2037 will be twice the size of the economy. i want to raise the debt ceiling, but i will not do it without a plan to get out of debt. senator...
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Sep 19, 2013
09/13
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FBC
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to raise the debt ceiling without dealing with the real drivers of our debt. we will not raise if the 83rd time without extracting a commitment that this will be the last time or put us on a path toward bending the spending art toward balance. lou: the president makes an interesting point. he said not in the history of the united states the debt ceiling or the threat of not raising the debt ceiling has been used to extort a president or a governing body. how could you have the ability to do so? it seems as if you are questioning the president. >> i am a simpleminded guy as you know, so i take facts simply. not a single republican voted for obamacare. it is wildly unpopular in most of our districts the president himself is determining which portions of that law to turn on and which portions to turnff, and you can argue unions and others are extorting him in what he turns on and turns off to use his words. he may not like the fact we are doing this strategically, but he has done the exact same thing, he just does not like it. lou: it seems he is used to some of
to raise the debt ceiling without dealing with the real drivers of our debt. we will not raise if the 83rd time without extracting a commitment that this will be the last time or put us on a path toward bending the spending art toward balance. lou: the president makes an interesting point. he said not in the history of the united states the debt ceiling or the threat of not raising the debt ceiling has been used to extort a president or a governing body. how could you have the ability to do so?...
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Jan 15, 2013
01/13
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FOXNEWSW
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raising the debt ceiling. here is what the anointed one said in 2006, said leadership means the buck stops here, washington is shifting burden of bad choices today onto the backs of our children and our grandchildren. er america has a debt, and a failure of leadership. americans deserve better, i, therefore, intend to oppose the efforts to increase american's debt limit so he is doing what he said shouldn't be done. but in doing so is demonstrating his morale superiority. the second thing we saw today is on full display he said republicans were sus spishus about social security and government support for the elderly and spending money on medical research, then, about programs aimed at making sure kids in poverty are getting enough to eat. now this, snot only deeply dishonest it's a gross distorgs. a lecture coming from a man responsible for a massive increase in poverty during his presidency. a third thing we saw is how deeply misunderstood his facts are. saying his plan would claim $4 trillion next decade but
raising the debt ceiling. here is what the anointed one said in 2006, said leadership means the buck stops here, washington is shifting burden of bad choices today onto the backs of our children and our grandchildren. er america has a debt, and a failure of leadership. americans deserve better, i, therefore, intend to oppose the efforts to increase american's debt limit so he is doing what he said shouldn't be done. but in doing so is demonstrating his morale superiority. the second thing we...
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Jan 14, 2013
01/13
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the debt ceiling doesn't get raised by itself. it has to be done. so they understand, it's not a popular step, as the president's own vote against it shows. they are trying to detract spending cuts as a price for that. the president accuses them of leading the blame for the blind and leaving chirp in the cold. this is a partisan brawl. >> he said they're suspicious of medicare and -- >> programs to make sure chirp have enough to eat. that is a remarkably harsh charge. >> quickly on the gun issue. by the tone with those answers, did you sense that there is a scaled back version of what we think we'd see? >> gun control proven in recent times to be remarkably dangerous issue for democrats. repeatedly gotten them political trouble. the passion and devotion of people who care about this will come and vote against you. even if you're wrong on that and right on everything else. real intensity. what happens in these things is there is some event with support in people and larm majority of the public for major new gun control but it tends to dissipate over
the debt ceiling doesn't get raised by itself. it has to be done. so they understand, it's not a popular step, as the president's own vote against it shows. they are trying to detract spending cuts as a price for that. the president accuses them of leading the blame for the blind and leaving chirp in the cold. this is a partisan brawl. >> he said they're suspicious of medicare and -- >> programs to make sure chirp have enough to eat. that is a remarkably harsh charge. >>...
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Jan 9, 2013
01/13
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ceiling is raised and the white house making it clear their position, they're quote not going to negotiate on the death ceiling or held hostage. we're kind of at a stand still. >> greta: and i know you're reporter and comment, the idea that we're going to go broke in weeks, and no more money under stones and downgraded, and not able to meet our obligation, internationally and fact that the principals aren't talking and posturing is appalling. and any plans to, timothy geithner is going to be leaving before this is resolved as secretary? >> looks that way, looks like very soon to be an announcement, jack lew chief of staff to president obama will be replacing timothy geithner and today, my colleague and i were reporting on a story where wall street's pretty much fine with that although they view geithner as something of an ally and lew as something of an unknown to geithner they feel that overall policy is going to be the same. lew and geithner were pretty much toeing the same line debt ceiling and budget negotiation including the fiscal cliff that happened. >> greta: the irony of opening t
ceiling is raised and the white house making it clear their position, they're quote not going to negotiate on the death ceiling or held hostage. we're kind of at a stand still. >> greta: and i know you're reporter and comment, the idea that we're going to go broke in weeks, and no more money under stones and downgraded, and not able to meet our obligation, internationally and fact that the principals aren't talking and posturing is appalling. and any plans to, timothy geithner is going to...
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Jan 24, 2013
01/13
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for spending cuts for every dollar in debt ceiling raised. that is not what you got this time. and you have put the focus on senate democrats, a political tactic, perhaps a very successful one. but is that really a tactical retreat? >> i don't think so at all, chuck. and i was curious to hear steny's comments about this being a gimmick. 86 democrats supported the bill that we had on the floor yesterday, the no budget, no pay, so clearly they didn't think it was a gimmick. this was a bipartisan effort. look, if you look at the goal, we've got to get our fiscal house in order, we've got to balance the budget, and in order to do that, the senate actually has to produce a budget, which they haven't done in nearly four years. the house has had budgets for each of the last two years that actually get to balance. so what we did, in this bill, is to say to the senate, look, you've got to do a budget. families do budgets, businesses do budgets, employers do budgets. the senate has not done a budget in nearly four years, so this is the challenge for th
for spending cuts for every dollar in debt ceiling raised. that is not what you got this time. and you have put the focus on senate democrats, a political tactic, perhaps a very successful one. but is that really a tactical retreat? >> i don't think so at all, chuck. and i was curious to hear steny's comments about this being a gimmick. 86 democrats supported the bill that we had on the floor yesterday, the no budget, no pay, so clearly they didn't think it was a gimmick. this was a...
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Jan 14, 2013
01/13
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KNTV
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you might see the debt ceiling raised in one-month increments. i think you're going to have to get used to this pervasive patchwork and lack of certainty. >> jerry, i don't know how good that is. listen to what greg is saying. months by month you're going to listen to these important issues. does that meek that business and consumers are going to be in lockdown mode because we don't know what's ahead? >> what greg has just described is what when i went to graduate school in political science 40 years ago, that's how america makes policy p, it's called incrementalism. look at this deal at the end of last year which absolutely nobody loves and it's the farthest thing from a grand bargain, on the other hand, it takes a few billion dollars out of long-term debt. it's not enough. we'll come up with some other deals and it's nonsense for the president spokesman to say he's not going to compromise. that doesn't mean anything. we're going to see more of this bit and pieces. as you both said, the market and business continue to move along, look for ways t
you might see the debt ceiling raised in one-month increments. i think you're going to have to get used to this pervasive patchwork and lack of certainty. >> jerry, i don't know how good that is. listen to what greg is saying. months by month you're going to listen to these important issues. does that meek that business and consumers are going to be in lockdown mode because we don't know what's ahead? >> what greg has just described is what when i went to graduate school in...
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Jan 15, 2013
01/13
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he voted against raising the debt ceiling. calls it unpatriot i cannot to do it now. >> dana: president obama was called out on this before. saying it was unpatriotic and lack of leadership. that's why you would vote against it. now it's unpatriotic if the patriot act hold you to spending reduction to get the debt level raised. major garrett at cbs now, asked a question. it was a long question or we'd play it for you. but i thought president obama could have answered it with more honesty, as opposed to yeah, i know. politics got in the way. >> kimberly: but he didn't. he wanted to say i know what you are talking about. >> dana: attack the questio questioner. that was then, this is now. >> kimberly: now he's head of the ma nar i can and he can do -- monarchy and he can do what he wants. he continues to demonize with the rhetoric and language those who disagree with him. because they have a concern about the financial well-being of the future of the country. how about cut spending. >> dana: i want to get to you in a second. i ha
he voted against raising the debt ceiling. calls it unpatriot i cannot to do it now. >> dana: president obama was called out on this before. saying it was unpatriotic and lack of leadership. that's why you would vote against it. now it's unpatriotic if the patriot act hold you to spending reduction to get the debt level raised. major garrett at cbs now, asked a question. it was a long question or we'd play it for you. but i thought president obama could have answered it with more honesty,...
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Sep 20, 2013
09/13
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FOXNEWSW
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so raising the debt ceiling doesn't increase debt. let's take a walk back to march of 2006 when senator obama made a dire speech about the dangers of raising the debt. he said, quote, the fact that we are here today to debate raising america's debt limit is a sign of leadership failure. it is a sign that the u.s. government cannot pay uh its own bills. our federal debt increased by $3.5 trillion to $8.6 trillion. that's trillion, with a t. this rising debt is a hidden domestic enemy. what happened to that guy? here to debate the hypocrisy, radio, tv, talk show host, billy cunningham. from the fox news channel tamara holder. raising the debt ceiling doesn't increase the debt. what do you got there? >> hannity happy candy. >> what is that? >> they're happy candies. the reason why i brought these is the last time -- >> yeah ? >> you should try one. it will make you happy. i feel conservatives are so angry. you know, right now i'm getting these crazy -- >> i'm laughing my head off. >> i think this is a prop ohher opportunity for you to ap
so raising the debt ceiling doesn't increase debt. let's take a walk back to march of 2006 when senator obama made a dire speech about the dangers of raising the debt. he said, quote, the fact that we are here today to debate raising america's debt limit is a sign of leadership failure. it is a sign that the u.s. government cannot pay uh its own bills. our federal debt increased by $3.5 trillion to $8.6 trillion. that's trillion, with a t. this rising debt is a hidden domestic enemy. what...
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Jan 15, 2013
01/13
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MSNBCW
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not raising the debt ceiling. then this morning former house speaker newt gingrich weighed in saying the gop congress is coming out a loser. >> it's a threat they can't sustain. no one is going to default. no one is going to allow the united states to not pay its bills. no one is going to accept the economic costs. it rallies the entire business community to the president's side. i don't think we should pick fights where we are in a position where we can't in fact in the end enforce our will. we have no evident that barack obama is going to compromise. >> sir, you voted for the deal, but you have also said you wouldn't vote to raise the debt ceiling. are you still firm on that? congressman yoho, can you hear me? >> yeah, go ahead. >> i was saying, yeah, you have said that you will not vote to raise the debt ceiling, however you did vote for the fiscal cliff deal. do you still stand firm on the debt ceiling position? >> we, no, sir, i didn't vote for the fiscal cliff deal. i wasn't sworn in yet. but it's like we've
not raising the debt ceiling. then this morning former house speaker newt gingrich weighed in saying the gop congress is coming out a loser. >> it's a threat they can't sustain. no one is going to default. no one is going to allow the united states to not pay its bills. no one is going to accept the economic costs. it rallies the entire business community to the president's side. i don't think we should pick fights where we are in a position where we can't in fact in the end enforce our...
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Jan 14, 2013
01/13
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CNBC
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you know we're going to see a lot of back and forth over raising the debt ceiling. sequestration is still on the horizon now. less than two months away. the continuing resolution. i want you to take a listen to the president's spokesperson this week on the debt ceiling, get your reaction to that. >> sure. >> he will not negotiate with congress when it comes to the essential responsibility of congress to pay the bills that congress has incurred. >> what do you think? >> well, it's an interesting question. how does he not negotiate with congress, if congress won't raise it, if it the president doesn't do something like cut spending? so it's kind of an awkward sort of situation. and i think the troubling aspect for the markets, you basically have two immovable objects here. republicans who say we won't raise the debt ceiling if you don't cut spending and a president who says, first of all, i'm not going to cut spending unless you also raise taxes and i'm not going to negotiate on the debt ceiling. i think if past is prologue, i don't think the markets or the private se
you know we're going to see a lot of back and forth over raising the debt ceiling. sequestration is still on the horizon now. less than two months away. the continuing resolution. i want you to take a listen to the president's spokesperson this week on the debt ceiling, get your reaction to that. >> sure. >> he will not negotiate with congress when it comes to the essential responsibility of congress to pay the bills that congress has incurred. >> what do you think? >>...
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Oct 15, 2013
10/13
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MSNBC
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good morning, sir. >> let's raise that debt ceiling. welcome back. and now let's start with jimmy kimmel who noticed something a little strange after the bears/giants game last week. >> bears running back matt forte spoke to reporters in the locker room after the game. keep an eye on rich king in the background. >> between time of possession and not having to -- did a freight job finding open receivers. you want to win all your home games. hard to win on the road. so getting a win tonight was critically important. >> get that man a chapstick, will you? i don't know what he was doing, but mrs. king is a very lucky woman. >> well, sometimes it's vampires, but apparently zombies are hot enough to make a show about them the most watched show on television. more than 16 million people tuned into walk the walking dead's season four premiere. even beat out sunday night football. and remember, this show is on amc. they just keep cranking it out. entertainment weekly reports viewer ship is up 30% from the show's previous high. now, who is behind what many con
good morning, sir. >> let's raise that debt ceiling. welcome back. and now let's start with jimmy kimmel who noticed something a little strange after the bears/giants game last week. >> bears running back matt forte spoke to reporters in the locker room after the game. keep an eye on rich king in the background. >> between time of possession and not having to -- did a freight job finding open receivers. you want to win all your home games. hard to win on the road. so getting a...
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Jan 24, 2013
01/13
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CURRENT
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the debt ceiling. the g.o.p. is calling to balance the federal budget in just ten years. that's almost twice as fast as previous efforts by republicans. if that is the case, medicare and other safety net programs wills take a huge hit. yesterday's extension of the debt ceiling now goes to the senate which will likely pass it as well. we'll be right back. (vo) current's award winning original series is back with an all new episode straight from the headlines. (vo) in the minefield of the nation's gun control debate, this could be the most polarizing issue. >> anybody can claim stand your ground and they could get away with murder. >> announcer: broadcasting across the nation on your radio and current tv, this is the "bill press show." >> bill: yes indeed. equality moves to the front lines as the pentagon today lifts the ban on women in combat. big move. a great move. hello, everybody. happy, happy thursday and welcome, welcome to the "full court press." coming to you live all the way across this great l
the debt ceiling. the g.o.p. is calling to balance the federal budget in just ten years. that's almost twice as fast as previous efforts by republicans. if that is the case, medicare and other safety net programs wills take a huge hit. yesterday's extension of the debt ceiling now goes to the senate which will likely pass it as well. we'll be right back. (vo) current's award winning original series is back with an all new episode straight from the headlines. (vo) in the minefield of the...
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Jan 15, 2013
01/13
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but don't you agree that if the president gets the debt ceiling raised with no commitment to spending cuts in the future, if he gets a ban of assault weapons, ammunition, more stringent background checks that this will divide the republican party. say they squeak it through in the house say boehner makes it happen. which i don't think he's going to by the way. then the republican party fractures it becomes weaker. the strategy the president is employing is i am not going to compromise on the debt ceiling. i don't know what he will do on gun control but don't compromise on the debt ceiling. do it by executive order and then say it is your fault. either way he gets the republicans. if they pass they get weakened if they oppose they demonize. >> it is a smart political strategy. >> it could be but it worked so far but not 100 percent. remember republicans got control of the house of representatives during his term after his first two years when he was very aggressive about his initiatives and they kind of stopped him in his tracks. he can't do very much over there. if you resist him i am
but don't you agree that if the president gets the debt ceiling raised with no commitment to spending cuts in the future, if he gets a ban of assault weapons, ammunition, more stringent background checks that this will divide the republican party. say they squeak it through in the house say boehner makes it happen. which i don't think he's going to by the way. then the republican party fractures it becomes weaker. the strategy the president is employing is i am not going to compromise on the...
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Jan 19, 2013
01/13
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ceiling. >> that's ultimately worse than raising the debt ceiling is having default or crisis. the government gets their debt rating lowered again to the point they can't get lower rates, that means the mortgages rates and housing is coming back. it would be great to control the debt with the debt ceiling. as you see through history, examples given it doesn't work at all. it becomes a political football, the other party not it in power, decides it's an of important thing. and president obama used to hate the debt ceilings. it's time to build something that controls the deficit properly and not arbitrary. >> brenda: toby, doesn't this basically give a blank check to washington saying we don't need a limit. at least when we have a limit we're forced to look at that number and realize how much we're borrowing. >> if that logic were true, they wouldn't have passed any of the spending stuff. first off, two countries in the world, united states and sweden who have a debt ceiling. people got rid of it, because what jonas is saying, it's political. and the second issue is, i don't want
ceiling. >> that's ultimately worse than raising the debt ceiling is having default or crisis. the government gets their debt rating lowered again to the point they can't get lower rates, that means the mortgages rates and housing is coming back. it would be great to control the debt with the debt ceiling. as you see through history, examples given it doesn't work at all. it becomes a political football, the other party not it in power, decides it's an of important thing. and president...
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the decision on america's multi-trillion dollar debt ceiling raises fears for the world economy while the government cuts back on space missions to save itself from default. literally and set to vote on guaranteed monthly handouts worth thousands of dollars in a pilot scheme to provide citizens with a lifetime of financial security. this is already coming to you live from moscow i'm marina welcome to the program and leading us tech companies are seeking to undo the damage from the n.s.a. scandal that revealed their part in government spy programs the internet giants are asking the federal court to lead them reveal details about the agency's data requests a move that's been slammed by the justice department music often of looks at what could have prompted this fight for transparency. in the wake of the u.s. national security agency scandal much of the tech industry has grown critical of government snooping some companies named as partners in the n.s.a.'s prism program including google and facebook even sued the u.s. in order to set the record straight they're hoping to fight the percep
the decision on america's multi-trillion dollar debt ceiling raises fears for the world economy while the government cuts back on space missions to save itself from default. literally and set to vote on guaranteed monthly handouts worth thousands of dollars in a pilot scheme to provide citizens with a lifetime of financial security. this is already coming to you live from moscow i'm marina welcome to the program and leading us tech companies are seeking to undo the damage from the n.s.a....
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Sep 20, 2013
09/13
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>> john, who has the power to raise the debt ceiling? >> well -- >> who has the power to raise the debt ceiling? >> the congress -- >> who has the power to raise the debt ceiling. >> -- have put forward a plan. call it ridiculous or whatever, but they have a plan -- >> congress has the power to raise the debt ceiling. >> republicans have no interest in defaulting on debt. we want to find a way to pay it off. >> this is playing with fire. legislative arsonists are at work when they start using the debt limit. >> it sounds like chuck schumer has been playing too many violent vid owe games. >> obamacare is dead, dead. a waste of time, as i said before. >> obamacare is driving up the cost of health care. destroying american jobs. >> it is a train wreck. house republicans have showed the courage they are showing now that they continue to stand up. the house is the one branch of government they have a majority. >> speaker boehner even re-elised a web video blasting president obama for negotiating with the russian president but not his own cong
>> john, who has the power to raise the debt ceiling? >> well -- >> who has the power to raise the debt ceiling? >> the congress -- >> who has the power to raise the debt ceiling. >> -- have put forward a plan. call it ridiculous or whatever, but they have a plan -- >> congress has the power to raise the debt ceiling. >> republicans have no interest in defaulting on debt. we want to find a way to pay it off. >> this is playing with fire....
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Oct 10, 2013
10/13
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have a great evening. ♪ lou: house speaker puts the deal on the table seeking to raise the debt ceiling for ix weeks, and wall street rejoices. a powerful triple digits gain for the dow jones industrials that erased nearly all of the losses since the partial government shutdown began ten days ago. mr. obama makes no determination . i am lou dobbs. ♪ lou: good evening. house republican leaders offered a temporary incrrase in the debt ceiling. in exchange for go
have a great evening. ♪ lou: house speaker puts the deal on the table seeking to raise the debt ceiling for ix weeks, and wall street rejoices. a powerful triple digits gain for the dow jones industrials that erased nearly all of the losses since the partial government shutdown began ten days ago. mr. obama makes no determination . i am lou dobbs. ♪ lou: good evening. house republican leaders offered a temporary incrrase in the debt ceiling. in exchange for go
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Oct 17, 2013
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the debt ceiling through february. take a listen. president obama: some members pushed for the shutdown say they were doing it to save the american economy. but nothing has done more to undermine our economy these past three years than the kind of tactics that create these manufactured crises. peter: the president's site in, for example, increase in short-term interest rates we saw about the debt ceiling. liz, this is a very serious subject, very serious matter but i do want to mention to all the kids who are watching including julian and gabby, in fact with the government reopening, the national zoo's panda camera is back up and running, and you can see for yourself now the mom and the new baby cub eight weeks old. on a bipartisan basis we would all agree she is adorable, both of them are adorable. liz: that and soldier pay, those oare two things i wanted back up and running. peter, thank you very much. there has been a lot of complaining. some of it very well placed, others complaining just kind of fetching. don't us
the debt ceiling through february. take a listen. president obama: some members pushed for the shutdown say they were doing it to save the american economy. but nothing has done more to undermine our economy these past three years than the kind of tactics that create these manufactured crises. peter: the president's site in, for example, increase in short-term interest rates we saw about the debt ceiling. liz, this is a very serious subject, very serious matter but i do want to mention to all...
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Oct 12, 2013
10/13
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ceiling is raised, 30% strongly agree and 10% somewhat agree with the president. the 36% strongly disagree d 7% somewhat disagree. the same oll shows that the is far more pressure on republicans to get a deal. meanwhile voters gave the republican party the lowest number in "the wall street journal" olling which dates to 1889 with more than twice as many people holding a negative review of gop in a negative one. using the numberto suggest the white house has e upper hand in these talks. by taking aim at republican ted cruz and his decision to filibuster the resolution to keep the government oen, which opened the door to big problems like the military death beefits nafta. >> we have shut down the gornment and then that gav the opportunity for this to be awfully mismanaged and shandled by the white house. we hadn't shut down the government, this would not have happened. they st down the government with a fools errand that would not succeed and that is a fact. reporter: here's another reason we couldsee a deal sooner rather than later. six in10 americans have said tha
ceiling is raised, 30% strongly agree and 10% somewhat agree with the president. the 36% strongly disagree d 7% somewhat disagree. the same oll shows that the is far more pressure on republicans to get a deal. meanwhile voters gave the republican party the lowest number in "the wall street journal" olling which dates to 1889 with more than twice as many people holding a negative review of gop in a negative one. using the numberto suggest the white house has e upper hand in these...
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Jan 7, 2013
01/13
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an opening for the president to raise the debt ceiling without congress saying a peep. now, we couldn't get lincoln and we couldn't get nancy but we did get danny as an illinois democratic congressman danny davis who is fine with all of this. good to have you. thanks for coming. >> well, thank you very much. you know, i agree that lincoln was a bold president and he made some bold and tough decisions and that is why many people think he was one of the best presidents we ever had. >> neil: i would agree he but i would -- i would hasten to add i don't think he would be onboard with playing games with constantly raising the debt ceiling, do you? >> i don't think that we are are constantly raising it but i do believe and i agree with -- >> neil: well, we have done it 52 times in the post war period, right? >> we have done it but we always paid our debts and we don't quibble about paying debts. it is something that we know we have to do. we make them and we must pay them. >> neil: congress appropriates the funds and you can't come back later on and say we are not paying. i d
an opening for the president to raise the debt ceiling without congress saying a peep. now, we couldn't get lincoln and we couldn't get nancy but we did get danny as an illinois democratic congressman danny davis who is fine with all of this. good to have you. thanks for coming. >> well, thank you very much. you know, i agree that lincoln was a bold president and he made some bold and tough decisions and that is why many people think he was one of the best presidents we ever had. >>...
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Jan 15, 2013
01/13
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reiterating a warning that a delay in raising the federal debt ceiling could cause the u.s. to lose its aaa credit rating. the debate creates a, quote, potentially dangerous mechanism for enforcing fiscal displain. investors remain bearish for usa compression partners on the new york stock exchange debut. the pricing of the initial offering of 11 million shares at $18 each fell short of the estimated range. usa compression is the first ipo of 2013. according to the national retail federation, shoppers spent 23% more than the year before, that number fell below the trade group's own forecast of more than 4%. the nrf says economic uncertainty tempered consumer enthusiasm. we continue the "count down to the closing bell" with liz claman. ♪ >> feels like it's about time to look at dell. they checked dell yesterday. it is soaring again, and investors anticipating a buyout deal. back to nicole on the new york stock exchange. the story is maybe he's boing going private with private equity. >> right. this, no u doubt, is a lead story throughout the week. how is it fairing now? for
reiterating a warning that a delay in raising the federal debt ceiling could cause the u.s. to lose its aaa credit rating. the debate creates a, quote, potentially dangerous mechanism for enforcing fiscal displain. investors remain bearish for usa compression partners on the new york stock exchange debut. the pricing of the initial offering of 11 million shares at $18 each fell short of the estimated range. usa compression is the first ipo of 2013. according to the national retail federation,...
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Sep 18, 2013
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. >> you have never seen in the history of the united states the debt ceiling or the threat of not raising the debt ceiling being used to extort a president. >> reporter: bernanke gave the president a boost by warning of major damage if both issues are not revolved. in response to a question from fox business's peter barnes. >> a government shutdown and perhaps even more so a failure to raise the at the time limit could have very serious consequences. >> reporter: the president was on defense, though, in an interview with telemundo where he was pressed on his decision not it cancel a speech attacking republicans hundred, despite the mass shooting at the washington naval yard. >> i'm in touch with the fbi. i'm in touch with my national security team. we're making sure that all the assets are out there for us it deal with this as well as we can. on the other hand, when also important it remember is is that congress had a lot of work to do right now. >> reporter: now, critics like republican kevin brady say the fed's delay translates into the hangover being delayed on what he called monetary
. >> you have never seen in the history of the united states the debt ceiling or the threat of not raising the debt ceiling being used to extort a president. >> reporter: bernanke gave the president a boost by warning of major damage if both issues are not revolved. in response to a question from fox business's peter barnes. >> a government shutdown and perhaps even more so a failure to raise the at the time limit could have very serious consequences. >> reporter: the...
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the decision of america's multitrillion dollar debt ceiling raises fears for the world economy while the government cuts back on space missions to save itself from default. and switzerland to such a varied on guaranteed a monthly handout with thousands of dollars in a pilot scheme to provide citizens with a lifetime of financial security. life from moscow you watching r t you with me on new day it's good to have you company with us let's take a look at the top story. living in the u.s. a tech companies are seeking to undo the damage from the n.s.a. scandal that revealed their part in government spying programs the internet giants are asking the federal court to let them reveal details about the agency's data requests a move that's been misled by the justice department arches lose again for nothing said what could have prompted this wide for transparency. in the wake of the u.s. national security agency scandal much of the tech industry has been critical of government snooping some companies named as partners in the n.s.a.'s prism program including google and facebook even sued the u.
the decision of america's multitrillion dollar debt ceiling raises fears for the world economy while the government cuts back on space missions to save itself from default. and switzerland to such a varied on guaranteed a monthly handout with thousands of dollars in a pilot scheme to provide citizens with a lifetime of financial security. life from moscow you watching r t you with me on new day it's good to have you company with us let's take a look at the top story. living in the u.s. a tech...
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Oct 9, 2013
10/13
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the debt ceiling. ken molistina on how it went down if tonight's big story. >> reporter: it was back in 2006 when then senator barack obama took to the senate floor and said he intended to oppose the effort to increase the debt limit. s to he is calling a different tune. >> if they refuse to raise the debt ceiling, america cannot meet its financial obligations for the first time in 225 years. >> reporter: s had comments are a back drop -- his comments are a back drop to the government shutdown with no end in sight. the president and john boehner both offered jabs today. >> if there is unconditional surrender, then he'll sit down and talk to us. >> we shouldn't have to get reprieve to keep our government open. >> reporter: but the words didn't offer much in the way of a solution. the president and democrats want congress to pass a spending bill and debt limit increase without future spending. >> we can't raise the debt ceiling without doing something about what is driving us to borrow more money and to
the debt ceiling. ken molistina on how it went down if tonight's big story. >> reporter: it was back in 2006 when then senator barack obama took to the senate floor and said he intended to oppose the effort to increase the debt limit. s to he is calling a different tune. >> if they refuse to raise the debt ceiling, america cannot meet its financial obligations for the first time in 225 years. >> reporter: s had comments are a back drop -- his comments are a back drop to the...
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Oct 11, 2013
10/13
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so they made an offer last night , certain spending cuts to raise the debt ceiling, open the government back up or whatever part is not yet open, and they're waiting on a counter offer. meanwhile in the senate, fuse and the republicans are floating impactive of a plant, along with open up the government for about a year, short-term debt increase in exchange for repealing the device tax and the new anti-fraud verification system so that those don't abused government credits will sign up for obamacare, something a handful of republicans are selling to their colleagues. a number of different talks in the senate. announces mostly between the house leaders. over at the white house it is the beginning of these negotiations. short-term debt ceiling proposals that the house put out yesterday at what an increase the debt ceiling today, that really get things moving at the white house. so that offer is still on the table, something republicans still have to increase the debt ceiling until november charges second. everything else is a holding pattern. especially a vote on that. we are still waitin
so they made an offer last night , certain spending cuts to raise the debt ceiling, open the government back up or whatever part is not yet open, and they're waiting on a counter offer. meanwhile in the senate, fuse and the republicans are floating impactive of a plant, along with open up the government for about a year, short-term debt increase in exchange for repealing the device tax and the new anti-fraud verification system so that those don't abused government credits will sign up for...
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Oct 14, 2013
10/13
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let's raise the debt ceiling for the next year. let's put off the medical device tax for the next two years. is there something we are not following here in washington politics? >> over the weekend, senator harry reid did respond to that. he said he could not ccept a proposal. senator collins revised her proposal to raise the debt ceiling for just six months, but wanted to keep this a quester level spending cuts in place as well. we want to talk about spending limits for 24 team. trying to renegotiate those so quester and increase. cheryl: what can we make of the vice president being in a meeting this afternoon. all of a sudden, he is involved. peter: reports that senator reed did not want the vice president going behind his back. today, the vice president will be in this meeting. that may be a tea leaf that perhaps these negotiations are going forward on a new track. cheryl: we certainly hope so. thank you. morning. we will be live at the nyse coming up. cheryl: getting harder to find affordable homes in this country. where should
let's raise the debt ceiling for the next year. let's put off the medical device tax for the next two years. is there something we are not following here in washington politics? >> over the weekend, senator harry reid did respond to that. he said he could not ccept a proposal. senator collins revised her proposal to raise the debt ceiling for just six months, but wanted to keep this a quester level spending cuts in place as well. we want to talk about spending limits for 24 team. trying...
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May 17, 2013
05/13
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the debt ceiling. i don't think it is possible for john boehner to actually have done a better job of managing his out of control and crazy party in the house of representatives than he has done. but for a speaker of the house to be so unschooled in the ways of american criminal law, american juris prudence, to be so reckless with language and ideas, to be saying that someone should go to jail without even knowing who he is talking about, without even knowing what the case against the person is, without even knowing that person's defense means in the controversy involving the irs, the republican speaker of the house has become washington's new joe mccarthy, the raving alcoholic senator of the 1950s who threw blind accusations everywhere. now as i've been pointing out all week, rank ignorance of the law is the driving force of what washington perceives to be the scandal at the irs. i've been telling you since monday that washington is so desperately ignorant of the law on 501(c)(4) tax exempt organizati
the debt ceiling. i don't think it is possible for john boehner to actually have done a better job of managing his out of control and crazy party in the house of representatives than he has done. but for a speaker of the house to be so unschooled in the ways of american criminal law, american juris prudence, to be so reckless with language and ideas, to be saying that someone should go to jail without even knowing who he is talking about, without even knowing what the case against the person...